NHN Corporation

181710 KRX Technology Technology
KOSPI
₩56,400.00
-3.59%
Delayed · cached 15 min

Fair value analysis

181710
NHN Corporation
TechnologyTechnology
₩56,400.00
Close used for this calculation
₩31,891.43Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
29/100
Profitability13/25
Returns1/25
Balance Sheet8/25
Efficiency7/25
Growth9/25
Weak
Quality radar
29Prof.13/25Ret.1/25Eff.7/25B.Sht8/25Growth9/25

Consensus fair value

₩31,891.43
Above FV
▼ -43.5% against the close used
Model range ₩10,379.50 – ₩61,935.61
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₩10,379.50Fair value₩31,891.43Bull₩61,935.61
FairClose
52-week traded range
52W low ₩25,700.0052W high ₩75,200.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

NHN Corporation closed at ₩56,400.00, 76.9% above the consensus fair value of ₩31,891.43 drawn from 10 valuation models.

Financial DNA score 29/100 — Weak. P/E of 55.1x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₩20,305.55
-64.0%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₩33,028.98
-41.4%
√(22.5 × EPS × BVPS)
EPS=1023, BVPS=47394.96 · outside Graham range (P/E 55.1, P/B 1.2) — asset-light, treat as a rough floor
Graham Formula
₩50,849.92
-9.8%
EPS × (8.5 + 2g) × 4.4 ÷ FD_Rate
g=14.4%, FD=3.3%
P/E Fair Value
₩20,460.00
-63.7%
EPS × 20x (sector P/E)
EPS=1023, Sector P/E=20x
Peter Lynch (PEG)
₩14,720.97
-73.9%
EPS × Growth% (PEG = 1 is fair)
EPS=1023, g=14.4%
EV/EBITDA
₩61,935.61
+9.8%
(EBITDA × 17.2x − Net Debt) ÷ Shares
EBITDA=196.34B
Dividend Discount (DDM)
₩48,729.60
-13.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=902.4, r=10%, g=8%
Book Value (P/B)
₩10,379.50
-81.6%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=47394.96, ROE=2.2%, g=6%, r=10%
Reverse DCF
₩56,400.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 20.9% | Historical: 14.4%
Margin of Safety
₩23,370.83
-58.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=31161.11, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.